Tenth acquisition in 2023: Mutares has successfully completed the acquisition of Walor International and its subsidiaries

  • Next add-on investment for FerrAl United consolidating the activities of Mutares in the production of forged and machined steel parts in Europe
  • Revenues of ca. EUR 240 million expected for the year 2023
  • Provider of forged and machined parts for the automotive industry as well as industrial vehicles

Mutares has entered into exclusive negotiations to acquire 80% equity of the TeamTex group from Nania Developpement and Credit Mutuel Equity

  • Manufacturer of child restraint systems, specialized in plastic injection moulding and blow moulding
  • Revenues of approx. EUR 80 million in 2022

Mutares has successfully completed the acquisition of the forging business in Germany of CIE Automotive

Add-on acquisition to strengthen the FerrAl United Group with synergies within the range of customers and production machinery for forging and friction welding capabilities Specialist in forging and machining with a focus on customers in the truck market Revenues of ca. EUR 220 million Munich, October 16, 2023 – Mutares SE & Co. KGaA (ISIN: […]

Mutares SE & Co. KGaA: new medium-term targets for 2028 – growth to EUR 10 billion in consolidated revenues planned

  • New medium-term Group revenue target for 2028 of EUR 10.0 billion and EUR 200 million net income target for Mutares Holding
  • Expansion into China and the USA opens up new, attractive growth opportunities
  • Growth-oriented dividend strategy reaffirmed with minimum dividend of currently EUR 2.00 per share

Ninth acquisition in 2023: Mutares has submitted an irrevocable proposal for a majority investment in Sofinter (currently participated by Gammon Group) – significant synergies in NEM Energy Group expected

  • Leading global provider of industrial and utility boilers with a strong positioning in the Heat Recovery Steam Generation (HRSG) segment
  • Revenues of over EUR 250 million expected within the end of 2023
  • Transaction to leverage significant synergies within the NEM Energy Group

Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A. and its subsidiaries (‘Byldis’)

  • New platform investment to strengthen the Engineering & Technology segment
  • Byldis designs, manufactures and installs prefabricated/ off-site produced building structure components for high- and mid-rise buildings in the European and United Kingdom construction markets
  • Revenues of ca. EUR 120 million